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__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

Thats rather unfair to Shareholders who are not going to be present at the AGM? I would rather the companies gives shareholders who are not present the bonus by default so that in that way there is no question of missing or unclaimed dividend warrants. In any case, there should be a proper way for shareholders to exercise their right in a timely manner . You dont have to come from London to attend AGM. I hope companies address this going forward

Quote:

Originally Posted by migiets

Valid point. Unfortunately, things are so manually done here. The Company or registrar could easily have put a form on their websites for shareholders not attending to indicate by online their preference.

Quote:

Originally Posted by bivins1

Very Correct .Lets hope they are reading.

I think the registrars of companies on NSE should be more proactive especially for shareholders that are not always in the country. For Shareholders that were either not at the AGM or who did not get the annual reports (in hard copy), there was no way they could have exercised the option of getting the bonus units.There was a form in the Annual report for expressing one's intention of getting the bonus units and there was a deadline.The default option applies for anyone that has not subscribed for the bonus like Sir Horlads highlighted.
At least there are some registrars that send out these forms electronically ahead of time. Zenith Registrars did not do that.

__________________The cheapest stock in an overvalued market may still be overvalued

I think the registrars of companies on NSE should be more proactive especially for shareholders that are not always in the country. For Shareholders that were either not at the AGM or who did not get the annual reports (in hard copy), there was no way they could have exercised the option of getting the bonus units.There was a form in the Annual report for expressing one's intention of getting the bonus units and there was a deadline.The default option applies for anyone that has not subscribed for the bonus like Sir Horlads highlighted.
At least there are some registrars that send out these forms electronically ahead of time. Zenith Registrars did not do that.

Well, the registrars tried in this case....the form was in the national dailies...I was going to scan a copy and put up here but it slipped through the cracks...

__________________
when an earthworm begins to crawl like a millipede, it's time to run to the king's palace...naked! - horlads

A hen that leaves her chicks unguarded should not complain when the predatory hawk comes calling - horlads

Sir Goldsun, because some Nigerian companies, not even excluding those listed on NSE are run as a Sole Proprietorship despite the fact that they are LLCs. When the main "backbone" behind the company is gone, the company might either be acquired by another Investor or just die a natural death.

__________________The cheapest stock in an overvalued market may still be overvalued

Sir Horlads, so you dey for Lagos now. Na wao , private jet good oooo. today london, tommorow lagos, next day china. Anyways let my enemies live long so that they see what i will become in future . No condition is permanent in this world. To be a man is not a days job. there is no hurry in life

Sir Horlads, so you dey for Lagos now. Na wao , private jet good oooo. today london, tommorow lagos, next day china. Anyways let my enemies live long so that they see what i will become in future . No condition is permanent in this world. To be a man is not a days job. there is no hurry in life

Your head dey there....

__________________
when an earthworm begins to crawl like a millipede, it's time to run to the king's palace...naked! - horlads

A hen that leaves her chicks unguarded should not complain when the predatory hawk comes calling - horlads

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith